Talk about a golden handshake...

Over the weekend, the warring duo called a halt to all global legal hostilities by announcing a new 10-year licensing accord.

The terms were undisclosed, but analyst Shaw Wu of the Sterne Agee group has been told by insiders that HTC will be forking over up to $8 (UK£5.03, AUD$7.67) to Apple for every device it sells.

With HTC projected to ship 30-35 million phones around the world in 2013, Apple could earn anything from $180 million (UK£113, AUD$176) up to $280 million (UK£176, AUD$268) from the peace agreement, Wu estimated.

An HTC representative had, over the weekend, stated that the licensing agreement would do little to negatively affect the company's bottom line, but $280 million a year is notable chunk of anyone's money.

Wu also believes that the 10-year agreement could be a "blueprint" and result in a similar fate for the likes of Motorola and Samsung, who're also embroiled in bitter disputes with Apple over alleged patent infringement.

He wrote: "We think it is fair that Apple will get some licensing revenue for the intellectual property it has developed (in particular multitouch gestures) in making the modern smart phone and tablet with touch screens.

"Prior to the iPhone and iPad, there were arguably no products that were close in functionality and appearance."